ZJAMP.(SZ:002758)2021-04-28 16:00Financial Performance - The company's operating revenue for Q1 2021 reached ¥8,085,650,242.98, representing a 52.04% increase compared to the same period last year[9]. - Net profit attributable to shareholders was ¥80,356,828.57, a significant increase of 752.62% year-on-year[9]. - The net profit after deducting non-recurring gains and losses was ¥73,003,065.96, reflecting a 2,558.78% increase compared to the previous year[9]. - The basic earnings per share rose to ¥0.16, marking a 700.00% increase from ¥0.02 in the same period last year[9]. - The total operating profit for Q1 2021 was approximately CNY 214.34 million, compared to CNY 32.93 million in the same period last year, representing a significant increase[45]. - The total comprehensive income for the period was CNY 176.68 million, compared to CNY 23.82 million in the previous year, reflecting a substantial increase[46]. - The company expects a net profit attributable to shareholders of RMB 160 million for the first half of 2021, representing a significant increase of 60.67% to 110.88% compared to the previous year[26]. Assets and Liabilities - The total assets at the end of the reporting period were ¥13,647,582,337.03, an increase of 8.49% from the end of the previous year[9]. - The total assets as of March 31, 2021, were CNY 13,647,582,337.03, up from CNY 12,579,456,290.43 at the end of 2020[38]. - The total liabilities increased to CNY 8,504,171,453.32 from CNY 7,594,031,896.57, indicating a rise in financial obligations[38]. - The equity attributable to shareholders of the parent company rose to CNY 3,050,796,568.66, compared to CNY 2,959,365,599.32 in the previous period[38]. - The company has a total of RMB 1.28 billion in short-term loans as of March 31, 2021, compared to RMB 1.11 billion at the end of 2020[36]. Cash Flow - The net cash flow from operating activities was ¥161,456,390.51, showing a decrease of 49.32% compared to the same period last year[9]. - The total cash inflow from operating activities was CNY 9.18 billion, compared to CNY 6.43 billion in the same period last year, representing a growth of 42.5%[51]. - The net cash flow from investment activities improved by 135.17% to ¥248,702,169.91, primarily due to a decrease in financial investments[17]. - The net cash flow from financing activities was 219,078,443.58 CNY, a decrease of 21.9% compared to 280,708,451.28 CNY in the previous period[54]. Research and Development - Research and development expenses increased by 93.26% to ¥3,979,676.65, reflecting a rise in investment in R&D activities[17]. - Research and development expenses for the quarter were CNY 3,979,676.65, up from CNY 2,059,208.62, highlighting an increase in innovation efforts[44]. Risk Management - The company has implemented a risk management system for foreign exchange hedging, focusing on monitoring international market dynamics and managing accounts receivable to avoid overdue situations[23]. - The company has established a credit management system for commodity futures hedging, ensuring that trading partners are capable of fulfilling contracts[23]. - The company emphasizes that its hedging activities are based on normal production operations and do not involve speculative trading[23]. - The company reported a significant market risk associated with foreign exchange fluctuations, which could impact its operational performance[23]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 13,105[13]. - The company raised a total of RMB 252.56 million from the initial public offering, with a net amount of RMB 220.98 million after deducting related expenses[25]. Other Financial Metrics - The company reported a 135.97% increase in other income, totaling ¥10,873,128.35, mainly due to increased government subsidies received[17]. - The company reported a derivative investment loss of 2.5532 million yuan during the reporting period[23]. - The company has a total of 37,244 million yuan in investments related to forward foreign exchange contracts, indicating a strategic approach to managing currency risk[22].